Jun 14, 2021 06:12 PM IST
The company is focusing on prudent capital allocation and tight management of its working capital to ensure accelerated de-leveraging going forward, JK Tyre said in a statement.
- May 26, 2021 08:57 AM IST
The disruption caused by the second wave of Covid-19 creating uncertainty over demand has forced JK Tyre to sweat its asset for the next 12-18 months before it weighs options for setting up a new factory
- May 20, 2021 11:48 AM IST
The tyre maker reported quarterly net profit at Rs. 137.18 crore in March 2021 up 1787.33 percent from Rs. 8.13 crore in March 2020. Its net sales came in at Rs 2,022.82 crore in March 2021 up 49.68 percent from Rs. 1,351.42 crore in March 2020.
- Jan 28, 2021 09:47 AM IST
The sharp rebound in sales from July saw companies untie their purse strings to reward employees. While some stuck to their annual increment cycle with a Covid-induced delay of about a quarter, others have already started with a second round of pay hikes, effective from the upcoming financial year. Here’s what Hyundai, Bajaj Auto, JK Tyre and Ceat are doing
- Jan 22, 2021 09:56 AM IST
The tyre manufacturer reported a multi-fold jump in consolidated net profit at Rs 230.46 crore in the third quarter ended December 31, 2020, riding on robust sales and favourable foreign exchange fluctuations.
- Oct 22, 2020 10:14 AM IST
JK Tyre is the latest company to defer capital expenditure. A dozen or so companies have already slashed their capex for the year, with Bharat Forge bringing it down to zero
- May 26, 2020 12:41 PM IST
Commenting on the feat, JK Tyre Chairman and Managing Director Raghupati Singhania said, “As a pioneer and market leader, we remain committed to driving innovation and bringing products for our fleet customers that are high on efficiency, safety and cost effectiveness”.
- May 08, 2020 12:48 PM IST
The company has restarted operations after adhering to the guidelines issued by the Ministry of Home Affairs, and receiving permissions by the respective state governments and local authorities, JK Tyre said in a statement.
- Jan 07, 2020 12:12 PM IST
The company is holding hopes on the potential increase in exports and replacement market to de-risk its business
- Dec 13, 2019 10:08 AM IST
Experts feel there are only a handful of companies that could be considered for investment for the year 2020
- Oct 17, 2019 04:51 PM IST
Net Sales are expected to increase by 2.2 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 2,549.6 crore, according to Reliance Securities.
- Sep 02, 2019 05:10 PM IST
The amount was borrowed for a period of 4 years with a lock in period of one year by pledging JK Tyre shares owned by the promoters. The loan amount was to be repaid by March 2023.
- May 17, 2019 09:29 AM IST
Consolidated revenue from operations for the quarter under review stood at Rs 2,705.89 crore as against Rs 2,283.97 crore in the same period of 2017-18.
- Jul 18, 2018 12:24 PM IST
Net Sales are expected to increase by 19.8 percent Y-o-Y (down 8.4 percent Q-o-Q) to Rs. 2,163.7 crore, according to ICICI Direct.
- May 24, 2018 09:13 AM IST
“Trend remains negative as long as it trades below 10,500.” says Jaydeb Dey, Technical Analyst at Stewart & Mackertich Wealth Management Ltd.
- Apr 20, 2018 04:17 PM IST
Net Sales are expected to increase by 16 percent Y-o-Y (up 16.4 percent Q-o-Q) to Rs. 2,471.2 crore, according to KR Choksey.
- Apr 11, 2018 07:14 PM IST
Net Sales are expected to increase by 9.7 percent Y-o-Y (up 11.2 percent Q-o-Q) to Rs. 2,361.9 crore, according to ICICI Direct.
- Feb 14, 2018 10:28 AM IST
Amit Gupta of ICICIdirect is of the view that one can buy Cholamandalam Investment and Apollo Tyres.
- Feb 12, 2018 02:20 PM IST
Ashwani Gujral of ashwanigujral.com suggests buying United Spirits, Tata Global Beverage and CESC.
- Feb 02, 2018 08:22 AM IST
Prakash Gaba of prakashgaba.com recommends buying Bajaj Auto with target at Rs 3450 and stop loss at Rs 3380, JK Tyre with target at Rs 200 and stop loss at Rs 180 and a buy in Mahindra & Mahindra with target at Rs 820 and stop loss at Rs 780.
- Jan 17, 2018 12:04 PM IST
Ashwani Gujral of ashwanigujral.com recommends buying TV Today, UltraTech Cement and Tata Steel.
- Aug 09, 2017 07:12 PM IST
Almost 80 percent of the imports are at concessional duties thereby eroding a significant part of the market of the domestic tyre industry, Singhania said while addressing the company's shareholders at its AGM.
- Jul 18, 2017 06:21 PM IST
Net Sales are expected to decrease by 9.2 percent Q-o-Q (up 9.8 percent Y-o-Y) to Rs 1955.3 crore, according to KR Choksey. JK Tyre to report net profit at 87.2 crore down 58.2% year-on-year.
- Jun 13, 2017 04:06 PM IST
According to Neeraj Deewan of Quantum Securities, one may book profits in tyre stocks.
- Jun 09, 2017 11:47 AM IST
According to Satish Gupta of astrostocktips, tyre stocks like MRF, Ceat, JK Tyre, Apollo Tyres and Balkrishna Industries will get astrological support.